As part of Budget 2024 I secured provision for a Pay-Related Benefit for Jobseekers to be introduced later in 2024, subject to further Government approval of the scheme. This would link the rate of benefit to a person's previous earnings.
The aim of a pay-related benefit scheme is to soften the income shock that a worker may face if they suddenly lose their job. The introduction of a pay-related benefit system would bring Ireland in line with other European countries and would represent a significant change to the Irish social welfare system.
Following commitments made in the Programme for Government, the Economic Recovery Plan and Pathways to Work, I launched a public consultation on proposals to introduce a new Pay-Related Benefit for Jobseekers in December 2022. The Department has undertaken an extensive consultative process and engagement with stakeholders on a potential design as to how pay-related benefit could work to facilitate the sharing of ideas and views which will be essential to the development of a proposal for Government. The contributions of stakeholders will inform the design of proposals that I intend to bring to Government.
I trust this clarifies the position for the deputy.